
$299,900
27480 5 Mile Road
Details
APN 46052990073001
Property Type Multifamily, Land
Sub Type Commercial, Apartment Building
Units 16
Acreage 1.580
Zoning Multi-Family
Ownership Short Sale - No, Private Owned
Turnkey 16-unit multifamily opportunity with strong in-place income and upside potential.
Marketing description
Prime development opportunity – 1.6 acres of vacant land in livonia! Zoned for multi-family use | ideal location | development potential seize this rare opportunity to develop in one of livonia’s most desirable neighborhoods. Located just off five mile road, this expansive 1.6-acre parcel of vacant land is perfectly suited for a variety of development opportunities. The property is zoned for multi-family residential use, making it an excellent site for condominiums, townhomes, or apartment units. A 16-unit condo project has been proposed in the past, showcasing the site’s potential for a high-density residential development. In addition to residential options, the current zoning also allows for alternative business ventures, offering flexibility depending on your vision. Its prime location provides convenient access to major roads, shopping centers, schools, and community amenities—making it an attractive option for developers and investors alike. Excellent livonia location near five mile road surrounded by established neighborhoods and key amenities. All information is approximate and should be independently verified by buyers and their agents. Batvai.
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